Who knows if the the PL will indeed punish Man City in any meaningful way, or how long it'll take before any punishments are dished. MC will go to court, right? Might take ages.
What this means for LFC at least is that it makes it sure that Jude Bellingham will NOT be going to MC, if at all they still had chance at this stage.
However long MC might want to prolong (in the courts) the final outcome of their punishments, having been judged to have cheated the rules of the game will be a sour taste to Jude & his family. Already the way he spoke about his view of the game gave an impression that MC was not his "type." In addition, a quick look at the his Dad's twitter timeline reveals a man very much with working class values, and therefore someone who'd favor LFC over MC. The news today of MC being essentially labelled as "cheat" will be final straw for Jude's camp. This is even before MC are handed any transfer embargoes or anything like that. Just the look they now have in football would drive someone like Jude the other way.
With more & more reports that Real were resigned to the fact that Jude wanted to join a club back home in England, the only issue now is how LFC have the money BVB will want for the boy. Only us can screw this Jude-to-LFC deal now.